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Fiji vs Peru

Crypto regulation comparison

← Back to map | Fiji | Peru
Fiji

Fiji

Peru

Peru

Banned
Legal

All cryptocurrency and virtual asset services banned since August 2025; RBF has not licensed any VASP; penalties up to M fine or 14 years imprisonment

Cryptocurrency is legal in Peru but lacks comprehensive regulation. The SBS (Superintendencia de Banca, Seguros y AFP) oversees AML requirements. Peru has growing crypto adoption, particularly for remittances. Crypto gains are subject to capital gains tax at 5% for the first 5 UIT and at higher rates for larger amounts.

Tax Type Unclear
Tax Type Capital gains
Tax Rate N/A
Tax Rate 5-30%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Reserve Bank of Fiji
Regulator SBS, SMV, BCRP (Central Reserve Bank of Peru)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules No specific stablecoin regulation
Key Points
  • No specific cryptocurrency legislation
  • Reserve Bank warns about crypto risks
  • Crypto not recognized as legal tender
  • Limited crypto adoption
  • No licensing framework for crypto services
Key Points
  • No specific crypto legislation; general financial laws apply
  • Capital gains tax applies to crypto profits (5% for securities, up to 30% for other income)
  • SBS requires AML/KYC compliance for entities dealing in crypto
  • Growing crypto adoption for remittances and as a store of value
  • BCRP has warned about crypto risks but not imposed a ban
Sources
Sources